The U.S. breeding inventory of hogs increased .5% last quarter, stopping two years of liquidation.

Strong demand and prices are encouraging hog farmers to expand, reports FarmWeek’s Daniel Grant. “We kind of saw a mixed picture in terms of the number of hogs available for this market over the next five months,” said Rich Nelson of Allendale Inc. “We still think there’s a bit more to go for prices coming off a seasonal low.” READ MORE